FedEx Return On Asset vs. Shares Outstanding
| FDXB34 Stock | BRL 1,710 0.00 0.00% |
For FedEx profitability analysis, we use financial ratios and fundamental drivers that measure the ability of FedEx to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well FedEx utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between FedEx's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of FedEx over time as well as its relative position and ranking within its peers.
FedEx |
FedEx Shares Outstanding vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining FedEx's current stock value. Our valuation model uses many indicators to compare FedEx value to that of its competitors to determine the firm's financial worth. FedEx is one of the top stocks in return on asset category among its peers. It also is one of the top stocks in shares outstanding category among its peers creating about 6,373,661,414 of Shares Outstanding per Return On Asset. Comparative valuation analysis is a catch-all model that can be used if you cannot value FedEx by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for FedEx's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.FedEx Shares Outstanding vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
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| = | 0.0396 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
FedEx |
| = | 252.4 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
FedEx Shares Outstanding Comparison
FedEx is currently under evaluation in shares outstanding category among its peers.
FedEx Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in FedEx, profitability is also one of the essential criteria for including it into their portfolios because, without profit, FedEx will eventually generate negative long term returns. The profitability progress is the general direction of FedEx's change in net profit over the period of time. It can combine multiple indicators of FedEx, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. The company was founded in 1971 and is based in Memphis, Tennessee. FEDEX CORP operates under Integrated Freight Logistics classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 384000 people.
FedEx Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on FedEx. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of FedEx position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the FedEx's important profitability drivers and their relationship over time.
Use FedEx in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if FedEx position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in FedEx will appreciate offsetting losses from the drop in the long position's value.FedEx Pair Trading
FedEx Pair Trading Analysis
The ability to find closely correlated positions to FedEx could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FedEx when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back FedEx - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling FedEx to buy it.
The correlation of FedEx is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as FedEx moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FedEx moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for FedEx can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your FedEx position
In addition to having FedEx in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Advertising Thematic Idea Now
Advertising
Companies specializing in advertising, marketing and advertising services. The Advertising theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Advertising Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in FedEx Stock
When determining whether FedEx offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of FedEx's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Fedex Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fedex Stock:Check out Investing Opportunities. For information on how to trade FedEx Stock refer to our How to Trade FedEx Stock guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
To fully project FedEx's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of FedEx at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include FedEx's income statement, its balance sheet, and the statement of cash flows.